2022-11-11T08:13:01-06:00 2021-12-31 391203191 SVA CERTIFIED PUBLIC ACCTS SC 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2021-01-01 392010184 MIDWEST AFFORDABLE HOUSING CORP C/O PHILIP J SCHULTZ MIDW 4145882221 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 PHILIP J SCHULTZ PRESIDENT 4145882221 2022-11-10 1 PHILIP SCHULTZ 999009999 LYNN HESLINGA P01273410 6088318181 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z PHILIP J SCHULTZ 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 2774459 0 X N/A X 2000 WI TO FOSTER, DEVELOP AND PRESERVE AFFORDABLE AND SENIOR HOUSING. 3 3 0 0 0 0 1000000 850000 1321024 1815552 88962 108907 0 0 2409986 2774459 0 0 0 0 15812 18909 0 0 0 1192730 1627115 1208542 1646024 1201444 1128435 21246517 22598501 11399594 11423143 9846923 11175358 THE MISSION OF MIDWEST AFFORDABLE HOUSING CORPORATION IS TO FOSTER, DEVELOP AND PRESERVE AFFORDABLE AND SENIOR HOUSING WITH RESPECT FOR THE RESIDENTS TO BE SERVED. 0 0 1601155 1815552 PROVIDING HOUSING FOR THE ELDERLY AND LOW-INCOME INDIVIDUALS LOCATED IN WISCONSIN AT PROPERTIES INCLUDING GREENTREE GLEN, LLC, KENOSHA SENIORS LIMITED PARTNERSHIP, TEUTONIA GARDENS, LLC, AND MAHC FRANCIS MEADOWS, LLC. 1601155 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 1 1 WI X PHILIP J SCHULTZ 4145882221 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 PHILIP J SCHULTZ PRESIDENT 5.00 X X 8104 0 0 JOHN MCCARTY VICE PRESIDENT 3.00 X X 5402 0 0 KATIE GRAND SECRETARY/TREASURER 3.00 X X 5402 0 0 18908 0 0 0 0 0 0 0 850000 850000 RENTAL INCOME 531110 1759623 1759623 MISC INCOME FROM TENAN 531110 77730 77730 DEVELOPMENT FEE INCOME 531390 5000 5000 GAIN/LOSS FROM INVESTM 531390 -26801 -26801 1815552 108907 108907 2774459 1815552 0 108907 18909 18909 94857 94857 8244 5814 2430 45111 22586 22525 13322 13322 38380 38380 10156 10156 816267 816267 1199 815 384 345675 345675 32152 32152 PAYROLL REIMBURSEMENTS 159430 159430 LEASE EXPENSE 34992 34992 BAD DEBT EXPENSE 11830 11830 ADMINISTRATIVE EXPENSES 8329 7708 621 7171 7171 1646024 1601155 44869 0 854719 1224526 915859 917994 400000 637500 196353 125925 8125675 9000312 34777 50256 12967535 4192620 9052604 8774915 245573 333942 217621 182198 1203336 1350933 21246517 22598501 225689 330430 68897 63788 11028756 10945173 76252 83752 11399594 11423143 X 9846923 11175358 9846923 11175358 21246517 22598501 X 1128435 200000 X 1 X 0 0 0 X 765000 347656 1000000 850000 2962656 1107822 1127545 1345177 1321024 1815552 6717120 1872822 1475201 1345177 2321024 2665552 9679776 0 233 233 233 233 9679543 18150 22619 66681 88962 108907 305319 18150 22619 66681 88962 108907 305319 1890972 1497820 1411858 2409986 2774459 9985095 0.96940 0.97690 0.03060 0.02310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1183273 1183273 10917988 3598582 7319406 866274 594038 272236 8774915 TENANTS' SECURITY DEPOSITS 97937 RESERVE FOR REPLACEMENTS 809821 MORTGAGE ESCROW DEPOSITS 42560 INTEREST RECEIVABLE 400615 1350933 TENANTS' SECURITY DEPOSITS 83752 83752 FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE COPY OF THE DRAFT FORM 990 IS PROVIDED TO EACH DIRECTOR ON THE BOARD FOR THEIR REVIEW AND COMMENT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT OF THE BOARD OF DIRECTORS IS INVOLVED WITH PROPOSED OR ONGOING TRANSACTIONS AND MONTIORS ANY POTENTIAL CONFLICTS OF INTEREST. IN ADDITION, BOARD MEMBERS COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT FORM TO IDENTIFY ANY CONFLICTS OF INTEREST. ANY BOARD MEMBERS WITH A CONFLICT OF INTEREST IN A PROPOSED TRANSACTION MUST ABSTAIN FROM VOTING ON THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: EQUITY TRANSFER FROM VILLA CIERA, INC. 200,000. GREENTREE GLEN LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 392010184 ELDERLY HSG WI 713420 3755415 MAHC KENOSHA SENIORS LIMITED PARTNERSHIP 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 391801541 ELDERLY HSG WI 484449 2471623 MAHC KENOSHA SENIORS GP LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 392010184 REAL ESTATE WI 0 0 MAHC MAHC PARKVIEW LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 392010184 REAL ESTATE WI 0 100 MAHC MAHC FRANCIS MEADOWS LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 852928138 REAL ESTATE WI 586343 541518 MAHC TG MANAGING MEMBER LLC 3900 S PRAIRIE HILL LANE GREENFIELD WI 53228 331176767 REAL ESTATE WI 59092 173608 MAHC HORIZON SENIOR HOUSING XVII LLC 5201 EAST TERRACE DRIVE SUITE 300 MADISON WI 53718 201256458 REAL ESTATE WI MAHC RELATED 16219 22 0 0 0.51000 PARKVIEW INDEPENDENT MANAGEMENT III LLC 5201 EAST TERRACE DRIVE SUITE 300 MADISON WI 53718 264237980 REAL ESTATE WI MAHC RELATED -49 0 0 0.51000 PG MANAGEMENT II LLC 2677 ORRINGTON AVENUE EVANSTON IL 60201 261729404 REAL ESTATE WI MAHC RELATED 0 0 0.51000 CALEDONIA MANAGEMENT III LLC 2677 ORRINGTON AVENUE EVANSTON IL 60201 470955645 REAL ESTATE WI MAHC RELATED 0 0 0.51000 UPTOWN 2 DEVELOPER LLC 5201 EAST TERRACE DRIVE SUITE 300 MADISON WI 53578 825048520 REAL ESTATE WI MAHC RELATED 0 0 0.51000 MAHC APPLEWOOD LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 813648900 REAL ESTATE WI MAHC C 31290 126515 1.00000 1 MAHC FOX CROSSING LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 811092057 REAL ESTATE WI MAHC C 445 1251 1.00000 1 MAHC LAYTON SQUARE LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 810919761 REAL ESTATE WI MAHC C 51 1.00000 1 MAHC LIBRARY PARK LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 822922649 REAL ESTATE WI MAHC C -2157 1.00000 1 MAHC SPRING HARBOR LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 844208463 REAL ESTATE WI MAHC C 102 1.00000 1 MAHC UPTOWN 2 LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 824689911 REAL ESTATE WI MAHC C 51 1.00000 1 MAHC WALNUT GLEN LLC 7861 NORTH FAIRCHILD ROAD FOX POINT WI 53217 853158603 REAL ESTATE WI MAHC C 51 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0